Amazon to Take Over Apple's 20% Stake in Globalstar as Part of Acquisition

Michael Kan· May 27, 2026 · 3:21 PM UTC ·4 min read · 0 reactions · 0 comments · 42 views

#technology #satellite #acquisition #communications #competition

TL;DR · WeSearch summary

Amazon is acquiring Apple's 20% stake in Globalstar as part of its $11.6 billion deal for the satellite communications provider. This move aims to enhance Amazon's satellite connectivity services, competing with SpaceX. Amazon plans to upgrade Globalstar's network to improve coverage and capabilities for mobile devices.

Key facts

▪Amazon is taking over Apple's 20% stake in Globalstar as part of its acquisition.
▪The acquisition is valued at $11.6 billion and aims to compete with SpaceX in satellite connectivity.
▪Amazon plans to enhance Globalstar's network to provide better coverage and capabilities for mobile devices.

How this story was covered

4 outlets in our directory ran this story, first to last over 9 hours. All of the coverage we found sits in one bucket: centre. That one-sidedness is itself worth noticing.

Centre · 3

▪ Filing: Amazon will acquire Apple's 20% stake in Globalstar as part of its acquisition of the satellite provider and create a subsidiary to conduct the merger (Michael Kan/PCMag) — Techmeme
▪ Amazon to Acquire Apple's Globalstar Stake in Satellite Deal — MacRumors
▪ Amazon has to buy out Apple's 20% Globalstar stake as acquisition rolls on — AppleInsider

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PCMag files mainly under tech. We currently carry 376 of its stories.

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Original article

PCMag · Michael Kan

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Record

Original publisher	PCMag
Canonical URL	https://www.pcmag.com/news/amazon-to-take-over-apples-20-stake-in-globalstar-as-part-of-acquisition
Publication time	Wed, 27 May 26 15:21:24 +0000
Retrieval time	2026-05-27T15:43:01.747Z
Last seen	2026-05-27T15:43:01.747Z
Headline source	Publisher (no WeSearch rewrite)
Excerpt source	publisher body
Excerpt method	First ~120 words (~800 chars) of extracted publisher body, fair-use limited.
Summary	WeSearch · cerebras-chat (WeSearch summarizer)
Summary source text	contentText
Citation coverage	Summary is a WeSearch-generated derivative; primary citation is the original publisher URL.
Cluster	SS1kTHDN7L3B · 4 stories
Cluster logic	Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison.
Ranking reason	Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking.
Publisher visit	Yes — open original
Substitutes article?	No — link-out required for full text

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Unknown

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WeSearch handling by dimension

Indexing	May the item be indexed (stored, ranked, made findable)?	Allowed
Snippet	May a short excerpt of the publisher's text be shown?	Allowed
AI summary	May WeSearch generate its own short summary of the article?	Limited
Retrieval / RAG	May the content be exposed for third-party retrieval-augmented generation?	Not asserted
Model training	May the content be used to train AI models?	Not asserted
Commercial reuse	May the content be reused commercially?	Not permitted

Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Open original publisher → Source rights JSON → Machine-readable provenance → Rights framework → WESEARCH-STORY-PROVENANCE-V1

Opening excerpt (first ~120 words) tap to expand

Amazon has revealed that it’s taking over Apple’s 20% stake in Globalstar as part of its $11.6 billion acquisition of the satellite communications provider. The details are outlined in an Amazon filing with the Federal Communications Commission, urging the US regulator to sign off on the acquisition as the e-commerce giant tries to compete with SpaceX in satellite connectivity. Amazon is creating a subsidiary, “Grapefruit Acquisition Sub II,” to conduct the merger. The subsidiary will also acquire Apple’s 20% equity and voting interests in Globalstar, which the iPhone maker secured in 2024 as part of its own $1 billion investment.

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Excerpt limited to ~120 words for fair-use compliance. The full article is at PCMag.

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